Raymond James Trust N.A. Increases Stock Holdings in Union Pacific Co. (NYSE:UNP)

Raymond James Trust N.A. increased its position in shares of Union Pacific Co. (NYSE:UNP - Free Report) by 2.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 108,228 shares of the railroad operator's stock after buying an additional 2,264 shares during the quarter. Raymond James Trust N.A.'s holdings in Union Pacific were worth $26,676,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in UNP. Marshall Wace LLP lifted its stake in shares of Union Pacific by 272.3% in the second quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator's stock valued at $379,689,000 after buying an additional 1,227,318 shares in the last quarter. International Assets Investment Management LLC raised its holdings in shares of Union Pacific by 19,878.6% in the 3rd quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator's stock worth $220,856,000 after acquiring an additional 891,555 shares during the last quarter. Impax Asset Management Group plc lifted its position in Union Pacific by 2,025.4% in the 3rd quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator's stock valued at $134,636,000 after acquiring an additional 520,536 shares in the last quarter. Jennison Associates LLC boosted its stake in Union Pacific by 170.9% during the 3rd quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator's stock valued at $181,470,000 after purchasing an additional 464,477 shares during the last quarter. Finally, Bridges Investment Management Inc. increased its holdings in Union Pacific by 186.4% during the 2nd quarter. Bridges Investment Management Inc. now owns 704,769 shares of the railroad operator's stock worth $159,461,000 after purchasing an additional 458,664 shares in the last quarter. Institutional investors own 80.38% of the company's stock.

Analysts Set New Price Targets

UNP has been the topic of a number of recent research reports. Daiwa America lowered Union Pacific from a "moderate buy" rating to a "hold" rating in a report on Wednesday, September 4th. Robert W. Baird dropped their price objective on Union Pacific from $270.00 to $260.00 and set an "outperform" rating on the stock in a research note on Friday, October 25th. Susquehanna reduced their target price on shares of Union Pacific from $260.00 to $255.00 and set a "neutral" rating for the company in a research note on Friday, October 25th. Royal Bank of Canada lowered their target price on shares of Union Pacific from $288.00 to $283.00 and set an "outperform" rating for the company in a report on Friday, October 25th. Finally, Wells Fargo & Company cut their price target on shares of Union Pacific from $270.00 to $255.00 and set an "overweight" rating on the stock in a report on Friday, October 25th. Nine analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $259.80.

Union Pacific Stock Performance

Shares of UNP stock traded up $2.81 on Friday, hitting $241.83. 1,589,604 shares of the stock were exchanged, compared to its average volume of 2,305,426. The firm's 50 day moving average is $240.67 and its two-hundred day moving average is $238.52. Union Pacific Co. has a one year low of $218.55 and a one year high of $258.66. The firm has a market capitalization of $146.61 billion, a PE ratio of 22.12, a P/E/G ratio of 2.31 and a beta of 1.06. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79.

Union Pacific (NYSE:UNP - Get Free Report) last posted its earnings results on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The business had revenue of $6.09 billion during the quarter, compared to analysts' expectations of $6.14 billion. During the same quarter in the previous year, the business earned $2.51 EPS. Union Pacific's revenue for the quarter was up 2.5% on a year-over-year basis. Sell-side analysts expect that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.